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Crafting Joy for Workers, Hobby Lobby Announces a Wage Hike

HR Digest

Most employees move on to other opportunities as soon as possible in pursuit of a better wage, but more sustainable pay could improve the turnover numbers and garner employee loyalty. Employees also have access to long-term disability benefits and vacation pay, holiday pay, employee discounts, etc.

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What are the Latest Trends in Benefits Strategies?

Best Money Moves

In the Best Money Moves Roundup, we run down the latest news including digitized benefits programs, the best 401(k) plans and tips for retention. How does your 401(k) plan measure up? The best 401(k) plans do 5 things to boost employee retirement savings. Boost employee loyalty.

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10 Rules for Employee Retention Your Competition Will Hate

Insperity

If you have employees who are tied to sales, consider offering them commission on top of their base salary. Outside of health care insurance, research ways to offer your employees a wider variety of benefits. This could include investments, such as stock options and 401(k) retirement plans. Avoid new job titles.

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8 Employee Incentives That Work: Best Practices from US MNCs

Empuls

Types of Profit-Sharing Plans There are three main types of profit-sharing plans: Current Profit-Sharing Plan: Employers pay remuneration when allocating profit, usually annually, providing instant gratification to employees.

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10 Rules for Employee Retention Your Competition will Hate

Insperity

If you have employees who are tied to sales, consider offering them commission on top of their base salary. Outside of health care insurance, research ways to offer your employees a wider variety of benefits. This could include investments, such as stock options and 401(k) retirement plans. Avoid new job titles.

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Women in Tech: Financial Wellness and Workplace Equality

Best Money Moves

Which may be why they’re proving to be more financially conscious than their older counterparts by contributing at higher rates to their 401(k)s, and are twice as likely than baby boomers to say that stress interferes with work productivity. Is 2018 the year that employers and employees get on the same page regarding benefits?

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Leveraging Total Rewards Statements to Enhance Your Employer Brand

COMPackage

Visualizations can also be used to compare the percentage of benefit compensation to total compensation, or percentage of employee contribution as compared to the company’s contribution with benefits like social security, health insurance, or 401K, as examples.